the obstacle of the fiscal cliff? >> guest: it's an optimist in the christmas season. we got right to the last minute before what could've been a government shutdown in april of 2011. because the last minute on the fiscal cliff. i don't think it's a good way to do business. >> host: if we were to go over, what happens? >> guest: well, you know, probably congress would be back in session pretty quickly and hopefully we would do something like i'm talking about right now. that's what we should do it early. and continue to negotiate. it's not just a question of dollars and cents. effort some people say let the race club in republicans get some data call that a tax cut. people lose faith in the institution and the political leadership. trust is a very funny commodity. you have it until you don't. when you lose the trust of the american people it's not like you get back to doing the right thing the next day. we should convince the country and the markets that can make smart decisions and to compromise and again this would